Material Requirements Planning Analyst
2 months ago
Job Summary:
The MRP (Material Requirements Planning) Analyst is responsible for analyzing, planning, and managing materials needed for production processes. This role involves utilizing MRP systems to forecast material requirements, coordinating with suppliers, optimizing inventory levels, and supporting production schedules to ensure efficient operations and meet customer demand.
Key Responsibilities:
- MRP System Management:
- Utilize MRP software to analyze demand, forecast material requirements, and generate production schedules.
- Monitor MRP system outputs, such as material requirements, inventory levels, and order schedules.
- Maintain and update MRP parameters and master data to ensure accurate planning and scheduling.
- Demand Forecasting and Planning:
- Collaborate with sales, production, and procurement teams to develop accurate demand forecasts.
- Use historical data, sales forecasts, and customer orders to calculate material requirements and production schedules.
- Adjust production plans and schedules based on changes in demand and supply conditions.
- Inventory Management:
- Optimize inventory levels to balance cost and service levels.
- Monitor inventory turnover rates, lead times, and stock-out risks.
- Coordinate with suppliers to ensure timely delivery of materials and manage safety stock levels.
- Supplier Coordination:
- Communicate material requirements and delivery schedules to suppliers.
- Coordinate with purchasing and logistics teams to expedite urgent orders or resolve supply chain issues.
- Evaluate supplier performance and identify opportunities for improvement.
- Data Analysis and Reporting:
- Analyze MRP data to identify trends, variances, and opportunities for improvement.
- Develop and maintain reports and dashboards to monitor key performance indicators (KPIs) related to inventory management and production planning.
- Provide insights and recommendations to management based on data analysis.
- Continuous Improvement:
- Participate in continuous improvement initiatives to enhance MRP processes and system capabilities.
- Identify and implement process improvements to optimize inventory management, reduce costs, and improve efficiency.
- Stay updated on industry best practices and advancements in MRP technology.
Job Requirements
Qualifications:
- Education:
- Bachelor's degree in Supply Chain Management, Operations Management, Business Administration, or a related field.
- Experience:
- Minimum of 3-5 years of experience in supply chain, operations, or production planning, with specific experience in MRP analysis.
- Proficiency in MRP systems and software.
- Technical Skills:
- Strong analytical skills and proficiency in data analysis tools (e.g., Excel, SQL).
- Familiarity with ERP/MRP systems (e.g., SAP, Oracle, Microsoft Dynamics).
- Knowledge of inventory management principles and supply chain concepts.
- Soft Skills:
- Excellent communication and interpersonal skills.
- Strong problem-solving and decision-making abilities.
- Ability to work collaboratively in a cross-functional team environment.
- Detail-oriented with strong organizational skills.
- APICS Certification (e.g., CPIM, CSCP).
- Experience with lean manufacturing principles and practices.
- Knowledge of demand planning and forecasting methodologies.
- This position typically operates in an office environment within a manufacturing or distribution facility.
- May require occasional travel to other company locations or supplier sites.
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